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She wrote, “I have been working in the supply chain for 35 years, and we are still trying to solve the “demand” issue. Solving from a supply side seems to work for many companies I work with. Over the last two years, I actively engaged technologists and business leaders to redefine demandplanning.
Given that we are in the age of AI/ML, I often think of how the small deli where I worked was a perfect training ground for applying AI/ML in fresh supply chain planning. There are various use cases of AI/ML for fresh demandplanning of products, from producers to large grocery chains and even small delis in suburban Pennsylvania.
Artificial intelligence (AI) and rapidly developing generative AI tools provide complex, real-time, and in-depth insights specific to supply chain management. Further, AI-driven demandsensing allows businesses to combine scattered data which is essential for better forecast accuracy.
In my recent Mea Culpa post, I mentioned my prior work on Sales and Operations Planning (S&OP), and the importance of leadership. Leadership and S&OP? If you have walked in the shoes of the supply chain leader, you are probably laughing by now. Supply chain complexity is analogous to cholesterol.
Does your supply chain need a refresh? Newsflash: digital supply chains allow for integration and visibility to every aspect of the movement of goods/services. Don't let your supply chain become a thing of the past; download this guide to embrace the future!
ARC Advisory Group has been covering the Supply Chain Planning ( SCP ) market for 17 years. The pandemic brought home the need for companies to run agile and resilient supply chains. Supply chain agility reflects a company’s ability to respond quickly to surges or plummeting demand. No plan is perfect.
This is more evident in supply chain, where time-tested methods are being replaced with new ones. The groundbreaking technology is transforming how companies manage sales and operations planning (S&OP). The groundbreaking technology is transforming how companies manage sales and operations planning (S&OP).
In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. In my post Mea Culpa, I reference my work with the Gartner Supply Chain Hierarchy of Metrics. ” Let’s face it all supply chains have error.
Once you see a demand stream, you cannot unsee it. I am excited that Kinaxis and o9 Solutions are building the capabilities to analyze demand streams and drive bi-directional orchestration. Biggest Threat to Innovation is Groupthink I grow weary of supply-centric thinking and traditional risk management approaches.
In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Plus, discover actionable first steps to boost your operations and reduce costs.
You might consider that there’s a 70% chance of arriving at the airport on time taking the shorter route, but there’s a 30% chance it might take longer due to traffic. This prompts you to plan and choose a route based on these different probabilities and your willingness to accept the risks associated with each option.
It has led supply chain vendors to discuss how they currently use artificial intelligence. Further, virtually every supplier of supply chain solutions is eager to explain the ongoing investments they are making in artificial intelligence. AI is not a new technology in the supply chain realm; it has been used in some cases for decades.
But many supply chain practitioners dont realize that the most common approach to supply chain planningusing a demand-driven forecast as the primary input to future planningis just as outdated. Companies that rely solely on deterministic models are struggling to keep up with demand fluctuations.
Traditional supply chain planning was defined by the theory of constraints and the Deming Wheel of Plan, Do, Check, and Act (PDCA) philosophies. The focus needs to be on Acting, Sensing, and Responding. Moving counter-clockwise around the model, the focus is on Sense. This is the world of best practices.
And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?
Great to conceptualize potential use cases, but not today’s reality. We have this today in most supply chain planning solutions. I don’t think that the answer is faster planning or better engines. The problem with supply chain planning is that it is, by definition, not repetitive work.
Kinaxis is a leading provider of supply chain solutions. Kinaxis used to refer to itself as a supply chain planning supplier. They are now starting to call themselves a provider of supply chain “orchestration” solutions. They are now starting to call themselves a provider of supply chain “orchestration” solutions.
I find that most companies’ understanding of supply chain planning is immature, and that next week, at the Gartner Supply Chain Summit in Orlando, that many will don their Mickey ears to discuss what I consider outdated supply chain planning models. Buying supply chain planning software is hard.
Waves of hype pass through supply chain narratives. and digital supply chains. and digital supply chains. I could write a blog about each story, but let’s save that for coffee.) (I could write a blog about each story, but let’s save that for coffee.) Thought leaders push concepts.
From demand forecasting to inventory optimization, risk mitigation to sustainability — AI is set to transform everything. It’s a must-read for forward-thinking procurement and supply chain leaders looking to harness the power of AI to achieve transformative results. AI isn’t the future. It’s here, now.
In a recent research project, we found that 2/3 of companies had a digital supply chain transformation strategy; however, those that were evolving their strategy performed better during the early months of the pandemic than those that were “clear” on the project plan for a digital transformation. Supply Chain 4.0.
Blue Yonder’s CEO, Duncan Angove The supply chain software landscape is changing rapidly. On Friday, March 29 th , Blue Yonder, a leading provider of supply chain planning and today execution solutions, announced signing an agreement to acquire One Network Enterprises for approximately $839 million. More than 5.6
Supply chain teams face a similar dilemma – companies are overloaded with vast amounts of data, and the ability to sift through the noise and focus on relevant insights has become a critical capability. Decision-makers must operate with agility and speed, often orchestrating complex scenarios across vast supply chain networks.
Supply Chain Planners Analogous to Secretarial Pools? In my forty years of studying supply chain planning, the groups became larger, but with questionable results. We sidestep vacuous terms like digital supply chain and attempt to measure and redefine flows based the redefinition of planning. The So What?
The C-suite is laser-focused on supply chain performance. This GEP-sponsored report will show you how to leverage data for a collaborative supply chain that delivers results and how to future-proof supply chain management strategies.
Scott Fenwick, Senior Director Product Strategy for Supply Chain Planning at Manhattan Associates. Manhattan Associates, a leading supplier of supply chain and omnichannel management software solutions, recently had a major product release that will shake up the supply chain planning market.
Let me explain, if you fill out one of my surveys on LinkedIn, I share the research results in front of the paywall (I believe that supply chain research should be readily available and not locked behind a paywall.) (If Most see their supply chain as fixed and insular.
Jack Fiedler, the vice president for digital transformation of the global supply chain at Lenovo Lenovo is ranked tenth by one leading analyst firm among a list of global companies with exceptional supply chains. I’ve not seen a company that does a better job of agile planning across an end-to-end, multi-tier supply chain.
The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. Over the past three years, supply chain cycles shifted. Higher variability.
Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency.
The modern supply chain is a complex network of suppliers, manufacturers, distributors, and customers, all interconnected and reliant on a shared ecosystem of trust and accountability. As industries evolve and global markets expand, ethical considerations have become central to supply chain compliance.
In today’s interconnected global economy, sustainability within supply chains and logistics has become a necessity rather than an option. Regulatory demands, rising consumer expectations, and global challenges such as climate change and social inequality have made sustainable practices a strategic priority.
The supply chain space is heavily laden with acronyms, gobbledygook, false narratives, and over-hyped, fast-talking technology sales teams. Let’s take an example. “At the Digital Supply Chain event at SAP. Forecast consumption into supplyplanning based on rules (rules-based-consumption).
My head is wobbling with announcements, late-night Friday press releases, company name changes, and executive turnover in the supply chain planning market. Let’s hope that these new executives see the light of a new day. OMP, like o9 and Kinaxis, benefited from the SAP’s APO migration failure. Kinaxis and o9.
Disruptions expose gaps in the supply chain and amplify problems. Research by GEP and North Carolina State University shows how tech can fix the gaps and ensure supply chain resilience and optimization. What can be done? Download now!
In the supply chain management industry, words swirl but lack definition. Will we transform and improve supply chain planning systems based on AI? Over the past decade, over 320,000 supply chain leaders have followed me on LinkedIn. (I However, we need to challenge the base definition of supply chain planning.
For over a decade, since founding Supply Chain Insights in 2012, I have pounded the keyboard, asking business leaders to think more holistically about the impact of supply chain decisions on the firm’s value, the improvement of a value chain, and the impact on the environment. Thirteen years. Where does time go?
The industrial sectorparticularly supply chain management, is facing unprecedented complexity. While Generative AI (GenAI) has shown promise, its limitations in planning, workflow automation, and dynamic adaptation necessitate a more sophisticated approach. Colin Masson, ARC Advisory Groups expert on Industrial AI.
While consultants know the answers (or believe they do), I believe my goal as a research analyst is to unearth new questions that should be asked (and answered together openly in the supply chain community) to improve value. Like a car’s tire in a snowbank going nowhere… My goal is to free their thinking.
Supply chain, with its complex planning questions, is typically an area where optimization technology is required. Supply Chain Network Design. Sales and operations planning (S&OP). Sales and Operations Execution (S&OE). Read about 5 use cases. Inventory optimization. Warehouse optimization.
And how can supply chain planning help? My goal was to think harder about how to best implement Advanced Planning before I wrote my next post. In one project, I am interviewing over fifty supply chain leaders on their perceived impact of advanced planning, what makes a good plan, and how effectively they use the technology.
Pirelli’s Business Model and Supply Chain Pirelli (PIRC.MI) is a consumer tire company headquartered in Milan, Italy. This is a complex supply chain. The tires put on the new cars generate subsequent pull-through demand. Demand forecasting is done in collaboration with OEM customers. Pirelli had revenues of about €6.65
The logistics and supply chain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Businesses face heightened uncertainty in managing costs and securing stable energy supplies.
Schneider Electric has been working to simplify its supply chain over the last few years. This French public multinational was selected as having the best global supply chain by a leading analyst firm. Schneider Electric’ssupply chain operation is of great interest to other practitioners.
Agility and accuracy don’t necessarily need to be at logger heads. In-fact, anticipatory agility enabled by AI and Machine Learning can move the accuracy frontier forward in terms of validity and consistency driving significant business value.
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